Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0164%/8h= −18.0% APRnext payment $0.82 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against Aster−0.035%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.035%, 7d avg −0.075%
Together, before fees−0.070%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.040% dearer against Aster than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.075%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 5 days (−0.009% in total) that is about 24 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TIAUSDT0.43240.0100pay 0.0050% / 4h2h 14m$34K$272K10x
ShortBybit TIAUSDT0.4322−0.0064pay 0.0032% / 4h2h 14m$9.4M$13.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$34.52
Price spread: −0.035% → −0.075%
$4
Slippage, 4 orders
−$60.97
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$110.49
Costs to cover
0.800%
Break-even
never at this rate
Slippage from Aster: live order book, 7 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 7 min ago4.61 bp14.5 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.31 bp14.3 bp −$1435.0 bp −$350176.8 bp −$17.7Kdoesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TIAUSD−0.0388%1h0.4331+0.177%$356K$239K50xas long as short
Deribit TIA_USDC-PERPETUAL−0.0212%1h0.4326+0.058%$30K$27K25xas long as short
Bybit TIAUSDTshort−0.0064%4h0.4322−0.035%$9.4M$13.0M50x
Gate TIA_USDT−0.0058%4h0.4325+0.035%$997K$1.8M75xas long as short
OKX TIA-USDT-SWAP−0.0037%4h0.4323−0.012%$2.7M$5.8M50xas long as short
ApeX Omni TIAUSDT−0.0029%1h0.4330+0.150%$49K$236K50xas long as short
KuCoin TIAUSDTM−0.0028%4h0.4323−0.012%$4.2M$8.6M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4327+0.092%$1K150xas long as short
Variational Omni TIA+0.0057%4h0.4324+0.019%$101K$85Kas long as short
Lighter TIA+0.0096%1h0.4331+0.164%$128K$353K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0098%4h0.4326+0.058%$5K$360K10xas long as short
Hyperliquid TIA+0.0100%1h0.4331+0.167%$4.2M$1.5M5xas long as short
Aster TIAUSDTlong+0.0100%4h0.4324long leg$34K$272K10x
Binance TIAUSDT+0.0100%4h0.4325+0.041%$14.1M$41.0M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4325+0.035%$9.1M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4323−0.012%$4.4M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4325+0.035%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4326+0.067%$100K$151K10xas long as short
HTX TIA-USDT+0.0100%4h0.4325+0.035%$64K$38K50xas long as short
Extended TIA-USD+0.0104%1h0.4322−0.026%$58K$165K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4326+0.058%$7K3xas long as short
Reya TIARUSDPERP+0.0178%1h0.4323−0.016%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4345+0.497%$48K$72K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4331+0.173%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4325+0.035%$1.0M$542K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0457% / S −0.3505%1h0.4327+0.088%$35K100xas long as short
dYdX TIA-USD+0.0805%1h0.4329+0.121%$51K$5910xas long as short